Ripley, TN Foreclosures
How much do homes sell for in Ripley, TN?
The average home price is currently $158,604.
In Ripley, TN, how many homes are available?
There are currently 99 active home listings available in Ripley.
What’s the average rental cost in Ripley, TN?
The average rental price in Ripley is $878.
What is the most expensive home in Ripley?
The most expensive home sold in Ripley had a price of $3,819,901.
What is currently the cheapest priced home in Ripley, TN?
The cheapest home for sale in Ripley is priced at $4,012.
Living in Ripley, TN
Ripley, TN, is a quaint town in Lauderdale County known for its friendly community and rich history. The area offers a range of amenities, parks, and activities for residents, making it an ideal place for families and individuals seeking a peaceful lifestyle. With easy access to nearby cities, Ripley combines the charm of small-town living with modern conveniences.
Current Market Conditions in Ripley, TN
The real estate market in Ripley, TN, has shown steady growth in recent months, with an increasing interest from homebuyers attracted to the town’s charm and affordability. The average home prices have been rising moderately, reflecting a trend of more families moving to the area for its welcoming environment and quality schools. As inventory remains relatively low, sellers can expect competitive offers on properties, making it a favorable market for those looking to sell.
Ripley has seen an influx of buyers due to its affordability compared to larger cities. The market remains stable with homes selling at an average of 90% of their listing price. The community is experiencing revitalization, with more investments being made into local businesses and infrastructure, leading to a positive outlook for homeowners.
Home Value Estimator For Ripley, TN
There are currently 5,623 real estate properties
in Ripley, TN,
with a median automated valuation model (AVM) price
of $134,697.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ripley, TN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Ripley, TN,
is $158,604.00, with the most expensive house
in Ripley, TN, topping out
at $3,819,901.00 and the cheapest home
in Ripley, TN,
clocking in at $4,012.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ripley, TN!
Rent Prices
In Ripley, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ripley, TN, is on
a rollercoaster ride. The
average rent price in Ripley, TN,
is $878.00. Indeed, when looking to rent in
Ripley, TN, you can expect to pay as little
as $470.00 or as much
as $2,200.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Ripley, TN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
